Lower CO2 Emissions Cap May Mean Higher Allowance Prices for Fossil-Fueled Plants in Northeast, Mid-Atlantic States
Attachment: Current Allowances by Year, Proceeds by State
SUGAR LAND--October 18, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Fossil-fueled power plants in a nine-state U.S. region may be paying more for carbon dioxide (CO2) allowances, following adoption of a proposal from the Regional Greenhouse Gas Initiative Incorporated (RGGI) (New York, New York) that would reduce by 30% the emissions available for auction between 2020 and 2030.
Within this article: Details on how the RGGI is finding ways to save on emissions and spending.
